RE: Probabilistic model
From: "Piotrovskij, Vladimir [PRDBE]"
Subject: RE: [NMusers] Probabilistic model
Date: Tue, May 17, 2005 10:46 am
Nick,
I think it's a bit risky to treat 6 categories as a continuous variable. I
usually do this with 10 categories or so.
You are right saying that combining categories is not an ideal solution
since some information is lost. However, modeling is always a way to
compress information: instead of, say, 1000 observations you get just a few
parameters.
Best regards,
Vladimir